In an effort to enhance the exploration and exploitation activities and aimed to increase the production of Oil and Gas nationwide, as of Friday (July 20, 2012) housed at the Hall of the Ministry of Energy and Mineral Resources (ESDM), The Minister Jero Wacik on behalf of the government witness at a time agreed the signing of 17 cooperation contracts between BP Migas and the Contractor, which is the result of the Regular Auction of Oil and Gas Working Area Phase II in 2011, Direct Proposal Phase I in 2012.

A. 10 (ten) Contract Work Area Oil and Gas, which are:

a. Regular KKS auction results of Phase II in 2011 are as follows:

NO

BLOCK

KONTRAKTOR

1

KUNINGAN

PT EKUATOR ENERGI KUNINGAN

b. 9 KKS Offer Auction Direct results of Phase I in 2012 are as follows